GBP
NGN
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Company name | Currency | Rate |
---|---|---|
Moneywire | 1 GBP | 511.85898 NGN |
ACE Money Transfer | 1 GBP | 507.2811 NGN |
Small World | 1 GBP | 506 NGN |
Azimo | 1 GBP | 505.7057 NGN |
WorldRemit | 1 GBP | 504.7515 NGN |
Ria Money Transfer | 1 GBP | 501 NGN |
Xendpay | 1 GBP | 499.1275 NGN |
MoneyGram | 1 GBP | 498.5666 NGN |
Lebara Money | 1 GBP | 497.0557 NGN |
Western Union | 1 GBP | 495.0306 NGN |
EasyNaira | 1 GBP | 474.83 NGN |
MoneyTrans | 1 GBP | 458.92 NGN |
Today's Rates: 4/22/2021 8:10:27 PM brought you by RemitRardar
GBP | NGN |
---|---|
1 GBP | 527.60208 NGN |
5 GBP | 2638.01040 NGN |
10 GBP | 5276.02080 NGN |
50 GBP | 26380.10400 NGN |
100 GBP | 52760.20800 NGN |
250 GBP | 131900.52000 NGN |
500 GBP | 263801.04000 NGN |
1,000 GBP | 527602.08000 NGN |
5,000 GBP | 2638010.40000 NGN |
10,000 GBP | 5276020.80000 NGN |
50,000 GBP | 26380104.00000 NGN |
100,000 GBP | 52760208.00000 NGN |
500,000 GBP | 263801040.00000 NGN |
1,000,000 GBP | 527602080.00000 NGN |
The pound sterling (symbol: £; ISO code: GBP [Great Britain Pound]), commonly known as the pound, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception. The British Crown dependencies of Guernsey and Jersey produce their own local issues of sterling: the "Guernsey pound" and the "Jersey pound". The pound sterling is also used in the Isle of Man (alongside the Manx pound), Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value. Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies it forms the basket of currencies which calculate the value of IMF special drawing rights, with an 11.3% weighting as of 2011 (USD 41.9%, Euro 37.4%, Yen 9.4%). Sterling is also the third most-held reserve currency in global reserves (about 4%)
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